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narrator the u.s. i.n.s., or immigration and naturalization service, records each apprehension on standard forms, including one entrywith hid: it was the migrants' home towns inexico. that's whabringseograpr richard jones to the i.n. with a novel reseah plan. jones knows that economic conditions vary greatly om region to region in mexico. he suspects that some places drive ou- or "push"-- many more migrants to the u.s. than others. hehis investigation beginses driin tly90s "push"-- aris hom in sanoniotes. jones lieves many secrets are stored in i.n.s. files like tse. can they reveal where most migrants come om? can the answers help both countries keep more ople at home? cjones sampless every tenth record, writing down the area of origin within mexico. back in his office at the university of texas, he enters the values into a map of mexico. jones marks in blue the wnships that send an above-average number of migrantso e u.s. jonea pattern emerges that reveals much about thchanging econocage numbeansocia
narrator the u.s. i.n.s., or immigration and naturalization service, records each apprehension on standard forms, including one entrywith hid: it was the migrants' home towns inexico. that's whabringseograpr richard jones to the i.n. with a novel reseah plan. jones knows that economic conditions vary greatly om region to region in mexico. he suspects that some places drive ou- or "push"-- many more migrants to the u.s. than others. hehis investigation beginses driin tly90s...
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chi'smostemots back in saiago, chile is busyy. loweringarriers to t wioth the european union and the u.s. gwynne: so it would have a double advantage. it would be easier r resource exports and agro-industrial products, products with value added, to go from chile to the united states and for the united states to respond with increasing sales of machinery and capital goods in the high-technology sectors. so there should be significant advantages for the north american free-trade area to be extended to other countries, and particularly chile. remember, chile is the most free-trading country the whole of soer h vy low tariffs, virtually no non-tariff barriers, so it would be relatively easy for the united states to extend these links. ator chile willontit like mancoies spond states porces oflobalization,xpory. there wichanges and settlement patterns.luds captioned by media access group at wgbh access.wgbh.org annenberg media ♪ for information about this and other annenberg media programs call 1-800-learner and visit us at www.learner.org.
chi'smostemots back in saiago, chile is busyy. loweringarriers to t wioth the european union and the u.s. gwynne: so it would have a double advantage. it would be easier r resource exports and agro-industrial products, products with value added, to go from chile to the united states and for the united states to respond with increasing sales of machinery and capital goods in the high-technology sectors. so there should be significant advantages for the north american free-trade area to be...
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the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican
the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived...
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analysts with the u.s. geological survey say the magnitude 7.4 quake struck on wednesday at around 10:35 a.m. local time. they say the focus was 41 kilometers beneath the pacific ocean, about 160 kilometers from guatemala city. authorities say several houses in the town of san marcos near the mexican border collapsed. they say residents are trapped in the rubble. a fire department officl tweeted that a school about 120 kilometers from the epicenter has also collapsed. he said eight people have been taken to the hospital. reuters says landslides have cut off roads in several places. >>> a meeting of the association of southeast asian nations later this month in cambodia will seek to promote regional integration. three of the main players of the summit wouldn't be talking to each other, at least directly. japan is locked in territorial disputes with china and south korea. the country's foreign minister says it's unlikely prime minister yoshihiko noda will meet with south korean or chinese counterparts. gemba
analysts with the u.s. geological survey say the magnitude 7.4 quake struck on wednesday at around 10:35 a.m. local time. they say the focus was 41 kilometers beneath the pacific ocean, about 160 kilometers from guatemala city. authorities say several houses in the town of san marcos near the mexican border collapsed. they say residents are trapped in the rubble. a fire department officl tweeted that a school about 120 kilometers from the epicenter has also collapsed. he said eight people have...
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u.s. society is definitely becoming a lot more socially liberal we know that according to a gallup poll house of american support same sex marriage so if the system were to work somewhat differently for example the u.s. were to throw federal referendum it's quite possible that this issue would just become a non-issue all together. on a federal basis instead of being decided on a state by state level but still this is a big big through because right now what we have is a total of nine states plus washington d.c. that have legalized same sex marriage and this is certainly a very big one fifth of the country and definitely with this new kind of hope that this vote has brought for for advocates it's definitely something that's not going away and definitely something that's going to continue developing and. become more of a solution really in the years to come and this is something that we would never have seen see even a decade ago. you brought up polls i mean a lot of young people also consid
u.s. society is definitely becoming a lot more socially liberal we know that according to a gallup poll house of american support same sex marriage so if the system were to work somewhat differently for example the u.s. were to throw federal referendum it's quite possible that this issue would just become a non-issue all together. on a federal basis instead of being decided on a state by state level but still this is a big big through because right now what we have is a total of nine states...
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the u.s. goes over the fiscal cliff, it would push the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the end of next year if the cliff is triggered. those s&p comments hit the mar
the u.s. goes over the fiscal cliff, it would push the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency...
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again they wanted to join the u.s. army and. just all of this you see we sold our home and our laundering business in tijuana and we started a new life here because i don't and we have enough akki. she said but about he exercised kept his weight studied to get good grades and then when it's going to be yet for going to a recruiter told him if he served for just one year get out of it qualify for the da. so i finally give my consent to feed him and he enlisted when he was seventeen and a half an. hour he was a camp pendleton when nine eleven happened to. me if you have to know why you're like thousands of other parents we thought there will be a war. dexterous in the. middle of february first he said father in four days i'm leaving for iraq. as an invented journalist in his unit i met his views on the very first day of the war going to go after. he was part of a two man sniper team just hours before the invasion it climbed to guard tower in the kuwait iraq border. search for a rocky mine layers on the other side. to get. to exact
again they wanted to join the u.s. army and. just all of this you see we sold our home and our laundering business in tijuana and we started a new life here because i don't and we have enough akki. she said but about he exercised kept his weight studied to get good grades and then when it's going to be yet for going to a recruiter told him if he served for just one year get out of it qualify for the da. so i finally give my consent to feed him and he enlisted when he was seventeen and a half...
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november 1, days before the u.s. presidential election, two iranian su-25 frog foot fighter jets like these intercepted and fired twice upon an unmanned, unarmed u.s. m-2-1 predator drone over the persian gulf. it's the first time the iranians ever fired on a u.s. drone. the shots missed on both attempted. iran's fighter pilots briefly pursued the drone that landed safely at an undisclosed location. >> incident occurred over international waters. 16 nautical miles off the coastline. aircraft was never in iranian air space. it was always flying in international air space. the internationally recognized territorial limit is 12 nautical miles off the coast. we never entered the 12 nautical mile limit. >> asked whether the incident was an act of war, the pentagon spokesman said he would not legally label it. adding the state department had protested through the swiss protected powers which represented the u.s. government in tehran since the u.s. embassy takeover in 197ed 9. >> the united states communicated to the irania
november 1, days before the u.s. presidential election, two iranian su-25 frog foot fighter jets like these intercepted and fired twice upon an unmanned, unarmed u.s. m-2-1 predator drone over the persian gulf. it's the first time the iranians ever fired on a u.s. drone. the shots missed on both attempted. iran's fighter pilots briefly pursued the drone that landed safely at an undisclosed location. >> incident occurred over international waters. 16 nautical miles off the coastline....
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the u.s. we'll head out to new york city later in the show for a preview of what to expect on wall street today. and more than 2,000 hand picked chinese delegates gathered at the great hall of the people to kick off the communist party week long transition. beijing will only officially reveal the next generation leaders thursday. hu jintao promised political and economic reform, but he stressed china won't abandon one party rule and will stick to the socialist path. eunice is live for us. this is his big final speech, so reading in sort of between the lines almost is very telling. it's the legacy he's trying to cath. and what less gassy is that? >> many here believe what he is saying is significant in that it is his final farewell. he really was just reading through the work report to talks about the achievements, the economic and political achievements that the party has had. and also to outline the future challenges. one of the first challenges you had already addressed is the issue of corru
the u.s. we'll head out to new york city later in the show for a preview of what to expect on wall street today. and more than 2,000 hand picked chinese delegates gathered at the great hall of the people to kick off the communist party week long transition. beijing will only officially reveal the next generation leaders thursday. hu jintao promised political and economic reform, but he stressed china won't abandon one party rule and will stick to the socialist path. eunice is live for us. this...
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japan time, here on "newsline." >>> u.s. president barack obama spent little time basking in his reelection win. white house officials and members of congress have already returned to the bargaining table. they're hoping to avert a fiscal crisis by reaching a budget deal. obama spoke with democratic and republican congressional leaders on wednesday shortly after the election. the president sought bipartisan support for deficit cuts and tax reforms to avert a so-called fiscal cliff. the combination of automatic tax increases and spending cuts could push the u.s. economy back into recession. house of representatives speaker john boehner said republicans are ready to work with the president on tax reform. many republicans want to keep tax cuts for the wealthy, but democrats are opposed. >> mr. president, the republican majority in the house stands ready to work with you to do what's best for our country. we're willing to accept new revenue under the right conditions. >> boehner said obama obama must reduce spending and overhaul
japan time, here on "newsline." >>> u.s. president barack obama spent little time basking in his reelection win. white house officials and members of congress have already returned to the bargaining table. they're hoping to avert a fiscal crisis by reaching a budget deal. obama spoke with democratic and republican congressional leaders on wednesday shortly after the election. the president sought bipartisan support for deficit cuts and tax reforms to avert a so-called fiscal...
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u.s. diplomatic outpost if benghazi being the fault of a youtube video, that was very bad for her. she would compound a problem that the departure of hillary clinton would help alleviate. state department's been really under close scrutiny because of the response to this. the lack of preparation for it, for the attack and the response thereafter, that's something they would like to get away from. putting susan rice in there would intensify it. megyn: last but not least, quickly, if geithner goes, i mean, that's an important job he has. and who is likely to fill that role, and how would it change americans', you know, day-to-day lives? >> well, what the president has in tim geithner's departure is an -- or assumed departure is an opportunity to send a message to the business community that he heard their complaints and is concerned, shares their concerns about issues like debt and the stopgap way that we're running the government these days. so there you'd look for somebody with a bernanke-
u.s. diplomatic outpost if benghazi being the fault of a youtube video, that was very bad for her. she would compound a problem that the departure of hillary clinton would help alleviate. state department's been really under close scrutiny because of the response to this. the lack of preparation for it, for the attack and the response thereafter, that's something they would like to get away from. putting susan rice in there would intensify it. megyn: last but not least, quickly, if geithner...
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the u.s. elections are over but the economic problems facing the country are far from over not even a day has passed and already i'm seeing channels with iran those are the little bars on the lower thirds saying things like countdown to fiscal cliff now this of course is the combination of automatic spending cuts and tax cuts that to its expire that would take place in january former federal reserve chairman alan greenspan was on t.v. talking about this this morning saying he doesn't think the elections will help avert this cliff take a listen. the election. has really not. very much what's going on. it will come down to the very last minute before the killer is to underestimate the underlying momentum of this deficit and building up the hundreds consequences. we do not underestimate the momentum of the deficits the debt and their consequences nor the expansionary policy as we've seen under an obama central bank is that what's reflected in goal it's been on a bit of a tear over the last few da
the u.s. elections are over but the economic problems facing the country are far from over not even a day has passed and already i'm seeing channels with iran those are the little bars on the lower thirds saying things like countdown to fiscal cliff now this of course is the combination of automatic spending cuts and tax cuts that to its expire that would take place in january former federal reserve chairman alan greenspan was on t.v. talking about this this morning saying he doesn't think the...
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fired upon but it did not hit a u.s. drone flying close to where he ran the pentagon said he was there on his of baylor's mission so looking at those moves we can say that with some of his very first moves after reelection president obama shows that he takes the idea of america being the world police that you know this global life force not force very seriously but. who is going to hold that world police itself accountable that has been the question for many years now thanks very much indeed for that kind of reporting there from washington d.c. . london remains worlds apart from the. debate at seventy eight budget off to crunch downing street talks with his german counterpart the british prime minister reaffirmed he would not accept any proposed hike in spending his sort of first with a deeper look at britain's widening riff with europe and the support for a split at home. prime minister david cameron and german chancellor angela merkel are probably feeling pretty food for the downing street dinner conversation on the me
fired upon but it did not hit a u.s. drone flying close to where he ran the pentagon said he was there on his of baylor's mission so looking at those moves we can say that with some of his very first moves after reelection president obama shows that he takes the idea of america being the world police that you know this global life force not force very seriously but. who is going to hold that world police itself accountable that has been the question for many years now thanks very much indeed...
WHUT (Howard University Television)
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the move comes days after the u.s.-backed bahrain monarchy bland -- banned all protests and gatherings following a wave of demonstrations. terrain is accused of current -- breathing is a key u.s. government ally, hosting the navy's fifth fleet. please say lawrence jones executed two co-workers in california and when did to others before taking his own life. the california man behind an anti islam video that sparked local protest has been sentenced to a year in prison. and wednesday, he was ordered to spend 12 months behind bars for violating the terms of his probation from a prior conviction following a 2010 check fraud conviction, he was not allowed to use the internet. under the alias of sam basseley, he produced the "innocence of muslims" which produced outrage in muslim countries after been circulated online. hundreds of people gathered at the university of mississippi wednesday to denounce racism on campus. it was one day after heated protest against president obama's re-election. after the results were announced
the move comes days after the u.s.-backed bahrain monarchy bland -- banned all protests and gatherings following a wave of demonstrations. terrain is accused of current -- breathing is a key u.s. government ally, hosting the navy's fifth fleet. please say lawrence jones executed two co-workers in california and when did to others before taking his own life. the california man behind an anti islam video that sparked local protest has been sentenced to a year in prison. and wednesday, he was...
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and the chinese with the u.s. very much in the background. an american citizen now living and working cattle has been barred by u.s. authorities from coming home. who's an air force veteran who's been trying to visit his native oklahoma to see his sick mother let's talk to adam soltani from the oklahoma chapter of the council on american nations so why isn't saadiq allowed to go. well we haven't been told as to why he won't go home is not allowed to return home all we know is that every time he's trying to board the plane or get his boarding pass from the airport in doha they have denied him and they have wanted him to the us embassy he has filed complaints with the embassy and with the department of homeland security it's been more than six months and as of now he has not heard back from them we can only assume that he's on a no fly list and they won't tell us why what are you doing to help him. well we have written a letter to secretary of state hillary clinton pleading for her to to allow saddam to return home especially in this in this di
and the chinese with the u.s. very much in the background. an american citizen now living and working cattle has been barred by u.s. authorities from coming home. who's an air force veteran who's been trying to visit his native oklahoma to see his sick mother let's talk to adam soltani from the oklahoma chapter of the council on american nations so why isn't saadiq allowed to go. well we haven't been told as to why he won't go home is not allowed to return home all we know is that every time...
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u.s. economy. >> and the g.o.p. offers an olive branch. the president hoping to >> the second honeymoon is over for president ob yaum yachl the fish credit rating agency warned of a down grade today. the worst one day loss in almost a year, so what do the next four years hold in store for the economy? >> by somest meats, 6s billion was spent on the presidential campaign. now will there be a shot in the arm for the economy?yp" >> the economy is just limping along. there are same leaders at the white house]y:eu, where s the change? >> the big selloff seemed to send a message. ash wagner owns a small business in campbell. >> i know several friends started selling stock this morning. >> what did that tell you?. >> that people are not excited about the future of our economy. >> wagner's company has 14 employees. he hopes to expand next year. he doesn't want to bring new later. means less money left tom"c build more jobs. >> the ceo of a software company is hoping the divide in congress can be
u.s. economy. >> and the g.o.p. offers an olive branch. the president hoping to >> the second honeymoon is over for president ob yaum yachl the fish credit rating agency warned of a down grade today. the worst one day loss in almost a year, so what do the next four years hold in store for the economy? >> by somest meats, 6s billion was spent on the presidential campaign. now will there be a shot in the arm for the economy?yp" >> the economy is just limping along....
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it was a u.s. predator drone the first time the iranians have fired on a u.s. owned unmanned aerial vehicle. the shops missed and the drone landed safely soon after at an undisclosed election. the iranian jets pursued the drone after firing the shots according to george little, pentagon spokesman. >> it was conducting routine surveillance was intercepted by iranian aircraft and fired upon. with guns. this occurred over international waters approximately 15 nautical miles off the iran coastline. it was not hit. >> the predator was operating in international waters 16 miley ms off the iran coast, near the persian gulf. 12 miles remitting international airspace. when asked why this was not revealed before in the days before the u.s. election he said the predator was on a "classified mission" adding the united states reached out by the state department and the swiss protective powers. when asked if it should be considered an act of war, george little would not get into legal characterizations of the event. >>shepard: for more reaction to the latest act of aggressio
it was a u.s. predator drone the first time the iranians have fired on a u.s. owned unmanned aerial vehicle. the shops missed and the drone landed safely soon after at an undisclosed election. the iranian jets pursued the drone after firing the shots according to george little, pentagon spokesman. >> it was conducting routine surveillance was intercepted by iranian aircraft and fired upon. with guns. this occurred over international waters approximately 15 nautical miles off the iran...
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and this is a u.s. department of defense, having both, he's describing classified and unclassified computer networks infiltrated, presumably for some sort of espionage purpose, but perhaps for something more. and that's one of the real concerns here is that these sort of infiltrations that we see come at the other panelists have talked about, you could imagine being harbingers of something more destructive or something more problematic. i think one of the other panelists mentioned this quote from fbi director, and you see the same concerns of talking about in the commercial sphere, to. he said basically set to every company is being hacked one way or another and it's not a question of when they will be hacked. it will be a question of when it will happen again. that might be a pessimistic view of how bitter cybersecurity sector can be. it is certainly a theme you see in the space. my only point, the only other point i want to make on commercial data is that you see and report. there was a report issued
and this is a u.s. department of defense, having both, he's describing classified and unclassified computer networks infiltrated, presumably for some sort of espionage purpose, but perhaps for something more. and that's one of the real concerns here is that these sort of infiltrations that we see come at the other panelists have talked about, you could imagine being harbingers of something more destructive or something more problematic. i think one of the other panelists mentioned this quote...
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better than expected u.s. jobs data and passage of a greek austerity bill helped push crude up .8 of a percent. gas rationing is imposed in new york city, i don't like that as well as long island. cars with license plates ending with odd number can buy gas on odd numbered days. even numbered license plates on even numbered days. mine ends with a letter. i'm going to the front of the line. the move is designed to relief crippling shortages. new jersey imposed a gas rationing system last week. went over like a lead balloon. >>> bp lawyers and gulf oil victims asked a judge to approve a $7.8 billion settlement. it would be used to resolve damage claims and individuals affected by the 2010 disaster. >> next on "money", ceo's extend an olive branch to president obama. it may be too soon to tell if they can finally come together to revive the economy. we'll get insight from our panel of business chiefs. sure there may be a few things getting you down. i mean, you know, there is the fiscal cliff looming, political gr
better than expected u.s. jobs data and passage of a greek austerity bill helped push crude up .8 of a percent. gas rationing is imposed in new york city, i don't like that as well as long island. cars with license plates ending with odd number can buy gas on odd numbered days. even numbered license plates on even numbered days. mine ends with a letter. i'm going to the front of the line. the move is designed to relief crippling shortages. new jersey imposed a gas rationing system last week....
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u.s. weekly jobless claims fell more than expected dropping to a seasonally adjusted 355,000, a drop of 8,000 claims as a possible sign of a healing job market although officials are warning figures may be distorted by superstorm sandy. the four week average applications rose by more than 3,000 of these numbers, change from week to week. liz: let's get a greater perspective. we have jerry levy on the pits of the cme, eugene profits and mark martyak, robert gray at the ready to break in with earnings as soon as they hit the table but let's start with jerrod at the cme. we blew through the 1400, 1440 level on the s&p like this. what do you think? tomorrow and the next couple weeks? >> of paper for we are standing on. a lot of folks watching the 1380 level. i'm watching the 2 and the day moving average of 1360. i jumped in front of the frame. i was selling to avalanche david talked about the vix coming in and markets deteriorated. the reason is people like me to dip their toes in, professiona
u.s. weekly jobless claims fell more than expected dropping to a seasonally adjusted 355,000, a drop of 8,000 claims as a possible sign of a healing job market although officials are warning figures may be distorted by superstorm sandy. the four week average applications rose by more than 3,000 of these numbers, change from week to week. liz: let's get a greater perspective. we have jerry levy on the pits of the cme, eugene profits and mark martyak, robert gray at the ready to break in with...
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here last year on meet the press alan greenspan was asked if u.s. treasuries are a safe investment here's how he responded. the united states could. because we can always print money to do that so the result probability of the old. ok whatever will now treasuries have a new rival for safe haven status and u.s. companies exxon and johnson and johnson bond trading with yields below comparable treasuries money is pouring into corporate bonds what do you think this says corporations are more powerful than governments yeah quick point as i've said before contrary to popular belief in point of fact if the federal reserve were not buying treasuries the yields in my opinion on those traders would be lower because the fed is keeping the roof up on there and people are able to speculate in other you know their assets including corporate debt which is perform better than equities and sovereign debt we have a five seconds i would like you to tell our audience well because i had i had this little thing on facebook when i was talking about a disney slow disney so
here last year on meet the press alan greenspan was asked if u.s. treasuries are a safe investment here's how he responded. the united states could. because we can always print money to do that so the result probability of the old. ok whatever will now treasuries have a new rival for safe haven status and u.s. companies exxon and johnson and johnson bond trading with yields below comparable treasuries money is pouring into corporate bonds what do you think this says corporations are more...
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u.s. virtually no interaction with members of congress. wow. >> let me, mark, let me just add, first of all, i don't agree with anything charlie just said. now, i agree with everything charlie just said. the key may be whether the president shows decisive leadership. now, i don't know what you all think they're i don't know what charlie thinks. i don't think that decisive leadership necessary is what is shown a lot of the time in the first term. it's not that he didn't show any leadership. he staked out general positions, suggestions, ideas, philosophies, the health care reform. but he didn't get his hands really dirty. remember the public option fight we had. where was the president? if you send it to me, i'll sign it. you know, he let nancy pelosi take the lead on the public option. and on a lot of things, you know, we knew where he stood. he didn't twist arms. he just didn't seem to get involved in the details. is he going to do that now? if he does that, easy going to just come his ide
u.s. virtually no interaction with members of congress. wow. >> let me, mark, let me just add, first of all, i don't agree with anything charlie just said. now, i agree with everything charlie just said. the key may be whether the president shows decisive leadership. now, i don't know what you all think they're i don't know what charlie thinks. i don't think that decisive leadership necessary is what is shown a lot of the time in the first term. it's not that he didn't show any...
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the first is the u.s. fiscal cliff about $600 billion, it represents 4.5% of america's gdp and we have to deal with that issue. the next issue is greece, and greece we have, we passed the first page of the next chapter i suppose you would say which is that the greek parliament approved the austerity measures. we're facing the european union and will they fund, meaning that we have finland, austria and the netherlands that said no more money for greece so we have to see what they're actually going to do. two, you're looking at the greeks want a two-year extension which means another $40 billion to $50 billion to fund that. who is going to come one that and the country in europe resisting it and three the question of the imf whoa looked at the whole situation and said look unless this say sustainable way to pay back the debt, we're not going to fund. >> mark -- >> then you have the issue -- sorry. >> no, go ahead. >> spain is in terrible financial problems, the highest unemployment rate in europe and there y
the first is the u.s. fiscal cliff about $600 billion, it represents 4.5% of america's gdp and we have to deal with that issue. the next issue is greece, and greece we have, we passed the first page of the next chapter i suppose you would say which is that the greek parliament approved the austerity measures. we're facing the european union and will they fund, meaning that we have finland, austria and the netherlands that said no more money for greece so we have to see what they're actually...
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u.s. economy, he's going to have to extend his hand to the private interests that he vilified so much of the last two years to get reelected. dagen: more spending temecula of the federal reserve sitting ready and waiting make in our money and spend it. >> federal spending for the last 25 years has been to a percentage gdp. brock obama wanted to be for 23 percent of about 24%. the only way you can afford to do that if he extracts revenue out of the private sector. there is a real dilemma at the center of what he wants to do, and that is why i think we will be looking at gridlock for a little while. connell: okay. dagen: as always, be well. connell: we talked about the dow today being down a little bit, but nothing like yesterday. traders are calling it an obama sell-off, but the thing is, the polls consistently showing the president and the lead going into the election. why wasn't all that price did? brian jacobson. what do you think? >> i think it was partially priced in. it was basically
u.s. economy, he's going to have to extend his hand to the private interests that he vilified so much of the last two years to get reelected. dagen: more spending temecula of the federal reserve sitting ready and waiting make in our money and spend it. >> federal spending for the last 25 years has been to a percentage gdp. brock obama wanted to be for 23 percent of about 24%. the only way you can afford to do that if he extracts revenue out of the private sector. there is a real dilemma...
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the u.s. believes we're told in an unprovoked fashion. they say that the drone was in international air space about 16 miles off the iranian coast in the northern end of the gulf and that it was completely unprovoked and without warning. the pentagon through the state department has protested to the iranian government. the pentagon says they haven't heard back from teheran. >> barbara starr at the pentagon, thank you. >>> now, to the northeast where nature is delivering this one-two punch. take a look. as if sandy didn't deliver enough to you in this region. folks just trying to recover of last week's superstorm are being hit by a cold, cruel nor'easter. that means snow. it means wind. it means freezing rain for a lot of you here. i know the last thing in the world this region needs, more power outages. listen now to new jersey's governor react to this latest weather threat. >> i said i'm waiting for the locusts and pestilence next. you know? >> hopefully nolo custs, chris christie. here's wha
the u.s. believes we're told in an unprovoked fashion. they say that the drone was in international air space about 16 miles off the iranian coast in the northern end of the gulf and that it was completely unprovoked and without warning. the pentagon through the state department has protested to the iranian government. the pentagon says they haven't heard back from teheran. >> barbara starr at the pentagon, thank you. >>> now, to the northeast where nature is delivering this...
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the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> the susan b. anthony list is an anti-abortion group that supports conservative candidates for office. here's what the susan b. anthony list says was the mistake republicans made in this year's elections. >> what we had, unfortunately, was a de
the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up...
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u.s. economy. >> yeah. this is from fitch. one of the companies that tells investors how safe it is to lend money to governments. in a statement, the ratings agency washes the newly reelected u.s. president barack obama will need to quickly secure agreement on avoiding the fiscal cliff and raising the debt ceiling following tuesday's elections. fitch says that without that, and a deal to get the country's finances in order, the company will likely downgrade their u.s. credit rating, shep. >> shepard: it's widely believed they will come up with something for at least the short-term. if they don't, what happens to which parts of the economy? >> well, it's broad-based. and because of it analysts first alert forecast another recession if washington fails to figure this one out. taxes would increase on investors and basically anyone who pays taxes. and especially those who use itemized deductions like interest on their home mortgage. doctors who treat medicare patients would get a significant p
u.s. economy. >> yeah. this is from fitch. one of the companies that tells investors how safe it is to lend money to governments. in a statement, the ratings agency washes the newly reelected u.s. president barack obama will need to quickly secure agreement on avoiding the fiscal cliff and raising the debt ceiling following tuesday's elections. fitch says that without that, and a deal to get the country's finances in order, the company will likely downgrade their u.s. credit rating, shep....
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coming up next, forget u.s. treasuries. some are saying there is a new safe haven for investors looking to stash their cash. we will tell you where it is coming up next gerri: the new place many investors are stashing their cash. some are calling it the new safe haven. we will get the facts and two minutes gerri: in focus tonight, talk of a new safe haven for investors looking way to stash cash. somewhere other than uncle sam's pocket. a recent article pointed out that money is pouring in to highly rated u.s. corporate bonds at an even faster pace than treasury debt. that is according to a tractor pull. let's ask our expert. anthony, thank you for coming on tonight. admittedly, it seems like a small phenomenon. but it's troubling when we look at another potential downgrade of treasury. that show folks what's going on here. are our our corporate bonds be safe haven for investors? if you look at the yield, the yields plummeting, following close to the treasury yields. that would indicate that people think they are superstate.
coming up next, forget u.s. treasuries. some are saying there is a new safe haven for investors looking to stash their cash. we will tell you where it is coming up next gerri: the new place many investors are stashing their cash. some are calling it the new safe haven. we will get the facts and two minutes gerri: in focus tonight, talk of a new safe haven for investors looking way to stash cash. somewhere other than uncle sam's pocket. a recent article pointed out that money is pouring in to...
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to leave possible to color the anti missile defense shield the u.s. is building up not only against russia but also now against china using japan and australia as a launch pad for that yes and that's an interesting point isn't it that because there we have washington setting up those all helping south korea to set up those long range ballistic missiles and yet we've got china trying to control solve the tensions over north korea's nuclear aspirations another area of tension then you know well the. it's like a noose that the chinese feel is tightening around their neck and the south china sea the provocations there with the eastern part of that with the islands next to taiwan where the japanese government made an extremely provocative move no doubt at the behest of washington to claim that those islands are japanese islands because private investors sold them to the japanese government that those islands are a security necessity for the chinese in their long term defense as they see it and historically the chinese have. quite a strong right to claim th
to leave possible to color the anti missile defense shield the u.s. is building up not only against russia but also now against china using japan and australia as a launch pad for that yes and that's an interesting point isn't it that because there we have washington setting up those all helping south korea to set up those long range ballistic missiles and yet we've got china trying to control solve the tensions over north korea's nuclear aspirations another area of tension then you know well...
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and u.s. dropping against -- most currencies dropping against the dollar except for the japanese yen. we'll be right back. those little tngs still t you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor abt all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decre
and u.s. dropping against -- most currencies dropping against the dollar except for the japanese yen. we'll be right back. those little tngs still t you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go...
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the u.s. supreme court today overturned laws on the books for nearly a century and ruled that corporations can spend freely now on political campaigns. those who like this decision say it's a victory for free speech. those who don't say campaigns will now be drowning in cooperate cash and influence. >> the vast majority of the money spent in this election, outside of the political parties and the candidates themselves, came from conservative groups, conservative groups just krishd liberal groups in this election, outspent them 3-1. liberal spend just about as much as they ever have in an election, but once the court made it okay for anybody to spend anything for any reason, the conservative spending went nuts while the liberal spending stayed about the same. now as the election night hangover is just about to wear off, the one thing to know is it didn't work. karl rove, they spent more than $100 million running ads in the general election. some ads supporting candidates all republicans and som
the u.s. supreme court today overturned laws on the books for nearly a century and ruled that corporations can spend freely now on political campaigns. those who like this decision say it's a victory for free speech. those who don't say campaigns will now be drowning in cooperate cash and influence. >> the vast majority of the money spent in this election, outside of the political parties and the candidates themselves, came from conservative groups, conservative groups just krishd liberal...
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beyond the u.s. elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all many investors believe president obama's tax policies will hurt corporate profits. on top of that there's the likelihood of more regulation in the president's second term. those concerns were evident in selling today of energy, banking and healthcare stocks. a quick look at the price board at the new york stock exchange is a good barometer for the worrywarts out there. wall street veteran teddy weissberg says many investors are just plain upset. >> there was an expectation that we would have some change and a change in t
beyond the u.s. elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all...
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one of those things we'll play chicken with the u.s. economy. we'll play chicken with the u.s. consumer and probably not get anything done. that is the uncertainty that looms over the market more than anything. melissa: here is the question people are asking me today, on election day, stocks are movng higher. it seemed pretty obvious during theay that barack obama was winning. what was the big change overnight? what was the hangover today? >> yeah. that was the goofy thing and that's why i think blaming barack obama's re-election today kind of a red herring. i don't know anybody would put capital at risk hoping romney to win having it get blasted today. this is realization we'll still not get anything done. romney coming into office, let's say he did win the problems don't go away because mitt romney steps into the oval office. the problems are still there. the business community not having confidence in the congress and administration to put forward a growth oriented environnt. higher taxes are not big of a deal if we're growing the economy. e economy is growing what, 1.5%? me
one of those things we'll play chicken with the u.s. economy. we'll play chicken with the u.s. consumer and probably not get anything done. that is the uncertainty that looms over the market more than anything. melissa: here is the question people are asking me today, on election day, stocks are movng higher. it seemed pretty obvious during theay that barack obama was winning. what was the big change overnight? what was the hangover today? >> yeah. that was the goofy thing and that's why...
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according to the u.s. energy department last night's nor'easter caused more than 100,000 new power outages in the mid atlantic and northeast. that brings the total number of outages to 715,000 at last check. most of which still remain from hurricane sandy. >>> enough of the real news, let's huddle around the water cooler to see what the re-election of president obama has done to stephen colbert. it's sad really. [ cheers and applause ] >> what are you people doing here? shouldn't you be out celebrating? [ cheers and applause ] because evidently you don't listen to anything i say! i've been bringing you the truth hot and hard now for seven years! how do you repay me? four more years of hope and change. what do you think? what do you think? you think i do this night after night for you amusement? i do it for america. what's the point? [ cheers and applause ] >> it will get better soon. surprise, surprise, they're still counting votes in the state of florida. as we told you earlier, it could go into a recount
according to the u.s. energy department last night's nor'easter caused more than 100,000 new power outages in the mid atlantic and northeast. that brings the total number of outages to 715,000 at last check. most of which still remain from hurricane sandy. >>> enough of the real news, let's huddle around the water cooler to see what the re-election of president obama has done to stephen colbert. it's sad really. [ cheers and applause ] >> what are you people doing here? shouldn't...
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even when i was u.s. attorney, i think we had 100-plant threshold. i suspect it's even higher now. i do think they are going to be concerned about -- you know, there's no residency requirements under this regime. so people can come into colorado and buy it. take it out of the state. and i'm just not sure how they're going to react to that. the governor, myself are going to be communicating with attorney general holder. the local u.s. attorney and it will be interesting to see what they say. because we in colorado really need to know that. people wanting to invest in these businesses need to know what the federal government's viewpoint is going to be. >> so you're going to have a rough couple months or maybe even a rough couple years? >> i suspect so. >> we wish you luck. and thank you so much for joining this morning. we really appreciate it. colorado's attorney general john suth suthers, thanks so much. >> thank you. >> talk back question for you today, can president obama romance republicans? facebook.c
even when i was u.s. attorney, i think we had 100-plant threshold. i suspect it's even higher now. i do think they are going to be concerned about -- you know, there's no residency requirements under this regime. so people can come into colorado and buy it. take it out of the state. and i'm just not sure how they're going to react to that. the governor, myself are going to be communicating with attorney general holder. the local u.s. attorney and it will be interesting to see what they say....